🚨 Breaking News | News Flash | Developing Story ⚡
New York City, 1:28 AM — J🗽
X (formerly Twitter) has rolled out a sweeping API policy update, officially banning InfoFi projects that reward users for posting—an action that immediately sent shockwaves through the SocialFi sector and triggered a sharp 20% intraday drop in the KAITO token 😮📉.
$GIGGLE According to reports, X’s product lead Nikita Bier stated that incentives tied to posting had generated a surge of AI‑generated replies and “slop,” prompting the platform to revoke API access from apps relying on reward‑driven engagement models 🤖🚫.
$WAL The ban struck directly at the core mechanics of InfoFi platforms, many of which depend on X data and user activity to distribute tokens and fuel rapid community growth, making today’s policy shift one of the most disruptive in the space this month 🔥📊.
$KAITO Kaito—one of the largest InfoFi‑linked ecosystems—saw immediate market volatility as its token tumbled, reflecting investor concern over the loss of its key distribution and engagement channels 🧩📉.
Teams behind multiple InfoFi projects have begun unwinding incentivized posting programs or pivoting to new models, signaling a broader recalibration across SocialFi as developers assess how to operate without the API infrastructure that once powered their growth 🚀🔄.
With the updated API rules now in effect, industry analysts say SocialFi may undergo a rapid transformation as platforms shift away from mass attention farming and toward more sustainable engagement strategies 👀📡.
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#SocialFi #CryptoNews #KaitoToken #XPlatformUpdate 🚨📉🔥